Auswide Bank (29 items)

Building the customer deposit base “and decreasing the bank’s reliance on higher cost securitisation funding” are priorities for Auswide Bank after a robust December half year.The Bundaberg, Queensland-based bank is also stepping up its spending on the Auswide brand and product. read more

Margin recovery following a regulatory clampdown on investment lending has emerged as a dominant theme of the December half trading period, with ASX minnow Auswide Bank the latest lender to improve earnings despite rising costs and a slowdown in loan volumes. read more

Marketplace lender MoneyPlace is skipping along in loan originations, much of its funding flowing through its new controlling shareholder, Auswide Bank.Auswide's contribution to funding for MoneyPlace reached A$14 million at the end of June 2017, up from $1.4 million at June 2016, the bank disclosed in its results for the 2016/17 financial year. read more

S&P Global Ratings and Fitch Ratings have assigned ratings to some of the five classes of notes, totalling A$300 million, issued as the ABA Trust 2017-1 as a securitisation of prime residential mortgages originated by Auswide Bank. read more